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it is necessary that you file your taxes by April 15th because that is the last date kept by the IRS for tax filing and if you don't by the due date, then you will be levied with heavy penalties which I'm sure you wouldn't want to pay. However, there is another solution to not filing for taxes by April 15th. If you don't have time for filing taxes you can file for a tax extension. Tax extension grants you automatic 6 months extension on filing for your tax returns. However, it does not mean that you don't pay up. Nowadays e-filing is so easier and you got many IRS providers online for easy extension services.

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Q: Why must you file your taxes on April 15th?
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Related questions

What date must you file your state and federal taxes by?

April 15th


Can you still file your 2005 taxes?

yes - tax deadline for 2004 taxes was April 15th 2005. You have a 3 year statue of limitations to file 2004 taxes. They must be filed no later than April 15th 2008 or you loose any refunds.yes - tax deadline for 2004 taxes was April 15th 2005. You have a 3 year statue of limitations to file 2004 taxes. They must be filed no later than April 15th 2008 or you loose any refunds.yes - tax deadline for 2004 taxes was April 15th 2005. You have a 3 year statue of limitations to file 2004 taxes. They must be filed no later than April 15th 2008 or you loose any refunds.yes - tax deadline for 2004 taxes was April 15th 2005. You have a 3 year statue of limitations to file 2004 taxes. They must be filed no later than April 15th 2008 or you loose any refunds.


What day must you file your federal taxes by?

Usually April 15th. There are exceptions for businesses which use a different fiscal year.


When do taxes come out?

Taxes must be filed or in the mail by midnight on April 15th, every year.


When is the Roth IRA deadline?

The Roth IRA deadline is the time you must have your federal taxes completed by, for the previous year. This year this deadline falls on April 15th, meaning you must have 2013's taxes completed by April 15th 2014.


When must you file your federal income tax?

You can file for federal income tax anytime before April 15th 2011, which is the last date for filing federal tax return. However, If you feel that you need more time for tax filing, then you have the option of tax extension. Tax extension grants you 6 months of extension for tax filing but that does not mean you get an extension on payment of taxes. You have to pay your taxes before April 15th deadline.


Do you owe a penalty if you do not file before April 15th and the IRS owes you money?

An automatic extension is granted for filing, but you must pay by the April deadline if you owe something.


When is tax return due?

It must be postmarked by midnight, April 15th. You can get an extension which will make it due October 15 but the taxes are still due on April 15. If you do not pay the taxes by April 15, the IRS will charge you penalty and interest on taxes due although they do not pay you interest for the moneys they hold during the year.


Do you have to file taxes on an inheritance?

Yes, the executor must file taxes. That is one of their responsibilities to the estate.


Minimum income to file taxes?

There is not a minimum income one must have in order to file taxes. Anyone can file taxes if they want.


Can you file income tax when in vacation for six months?

Vacation has nothing to do with filing your taxes. Tax Returns must be sent in. You can file a delayed return but you still need to file in April stating you'll file in October. If you file nothing, you are subject to penalties and interest.


When do k-1's have to be distrubited?

There does not appear to be a specific date by which K-1's must be distributed. That said, they do have to be distributed in time for filing with one's taxes, so it is presumed that they must be received by those getting them before April 15th.